Bitcoin

Bitcoin-Recovery-Streak-Falters-at-50-Day-Moving-Average
Bitcoin Recovery Streak Falters at 50-Day Moving Average

Bitcoin’s initial price recovery seems to have hit a snag.  The BTC price fell after failing to retake the 50 day moving average.  Presently, the price of Bitcoin (BTC) is staggering closer to below $21,000. It seems the crypto sector popped their champagne bottles a little too early last week, at least, it seems so according to Lark Davis. The popular crypto investor and trader highlighted Bitcoin’s (BTC) feeble attempt at recovery on Twitter.   As we can see from the tweet above, Lark Davis mentions how the recent surge in the price of Bitcoin (BTC) is already falling. Indeed, it

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Bitcoins-lightning-network-continues-to-show-some-resilient-growth
Lightning Network Rise in Capacity Amid Bear Takeover

The lightning network continues to accelerate amid the ongoing crypto downtrends. The average channel size is now 0.088 BTC or $3,290. The network will be needed to grow faster to attain its mainstream objective. The constant growth of the Bitcoin Lightning Network (LN) continues to accelerate after attaining another milestone undeterred by the ongoing crypto bear market. In particular, the Lightning Network’s total capacity in public channels has hit 4,290 Bitcoin, an increase of 34.6% and +1,102 BTC after Bitcoin’s price recorded the last all-time high of almost $68,000 in November last year. As of writing, the 4,290 BTC stored

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Bitcoin Is 9th Most Valuable Asset in the World, Beats META
BTC Investor: BTC will ‘Kept on Keeping’ on amid Tesla Sell-Off

Tesla sold 75% of its Bitcoin holdings earlier this week. The move from Tesla and its CEO Elon Musk was reportedly rumored as a market manipulation strategy. Bitcoin investor Lark Davis said Bitcoin would keep moving forward amid the sell-off. Earlier this week, Tesla sold 75% of its Bitcoin (BTC) holding even though the market is gaining a slight recovery. Twitter even called its CEO, Elon Musk, a boomer after it sold a big chunk of its holdings. Nowadays, big investors of Bitcoin who sold their BTC holdings are being criticized by people through social media. These groups of people

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Bitcoin’s-Philosophy-Tainted-by-Donating-to-Political-Campaigns
Bitcoin’s Philosophy Tainted by Donating to Political Campaigns 

California allows Bitcoin (BTC) donations for political campaigns.  The crypto community urges one another to donate USDT instead of Bitcoin (BTC).  They believe spending Bitcoin (BTC) on political campaigns is against Bitcoin’s vision. The United States of America (USA) keeps astounding the crypto community with constant exciting news. The latest of these announcements comes from the state of California. From henceforth, political campaigns in the state of California can receive Bitcoin (BTC) in the form of donations.  This is indeed very exciting news, as the state had banned political donations in Bitcoin (BTC) back in 2018. More so, the crypto

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Bitcoin and Crypto Users To Reach 1 Billion by 2030
Bitcoin and Crypto Users To Reach 1 Billion by 2030

It has been predicted that the number of people using cryptocurrencies could reach one billion by 2030. This is expected to increase to 35 million by 2022 Cryptocurrency could have a major impact on the world economy. In the next 10 years, the number of people using Bitcoin and cryptocurrency is expected to reach 1 billion. This is according to a new report by bitcoin’s research wing Bitcoin archive. A report, titled “Cryptocurrency: The Future of Money?” further argues that the mainstream adoption of Bitcoin and cryptocurrency will be driven by three factors: the millennials, the underestimated, and the unbanked.

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Bitcoin and DeFi Gears To Have Great Future Ahead, Analyst Says
Bitcoin and DeFi Gears To Have Great Future Ahead, Analyst Says

Dan Held, a former ‘Bitcoin maximalist,’ sees a place for DeFi in the future of cryptocurrencies. Dan Held will be the brand ambassador in a part-time role where he can elevate both Kraken and Bitcoin. Bitcoin maximalist believes that bitcoin is the only decentralized digital currency in the crypto market. According to recent reports, Dan Held, the long-time Bitcoin(BTC) backer, has stepped down from the role of the director of growth at crypto exchange Kraken to join the DeFi space. Dan Held will be taking part in the DeFi space as the brand ambassador in a part-time role. Held will

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Lightning Network Capacity Hits a New All-Time High
Lightning Network Capacity Hits a New All-Time High

LN is a payment protocol that enables near-instant, low-cost Bitcoin transactions. More people are starting to use the network for real-world Bitcoin transactions. The average cost of a Bitcoin transaction has dropped recently. The Lightning Network, a “layer 2” payment protocol that enables near-instant, low-cost Bitcoin transactions, has seen its capacity reach a new all-time high. As of October last year, the network’s total capacity was 574.63 BTC — worth approximately $2.9 million at current prices according to data from 1ML.com, a website that tracks Lightning Network node and channel information. This is the highest total capacity the Lightning Network

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Bitcoin Whale Moves 132K BTC, Triggers FOMO vs FUD Debate
Bitcoin Whale Moves 132K BTC, Triggers FOMO vs FUD Debate

A Bitcoin mega whale sent 132,000 BTC to Coinbase.  This move pushed the crypto Twitter space into a heated discussion. The crypto community is wondering if the whale will trigger a FOMO or FUD response. The Twitter crypto space is in a feud as crypto and Bitcoin (BTC) investors and traders discuss mega whale transfers. In the midst of multiple transactions of large amounts of Bitcoin (BTC), the crypto community debates what market is dominating.  In detail, Lark Davis, a renowned crypto investor and trader, tweets about massive Bitcoin (BTC) transactions by a mega whale. As we can see from

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In-True-Boomer-Fashion,-Elon-Musk-Caves,-Tesla-Sells-Its-Bitcoin
In True Boomer Fashion, Elon Musk Caves, Tesla Sells Its Bitcoin

Elon Musk gets called ‘a Boomer’ thanks to Tesla’s latest decision.  Tesla just sold 75% of its Bitcoin (BTC) holding.  Presently, the brand owns over 10,000 Bitcoin (BTC). Twitter is exploding with disbelief and flabbergasted laughter with the latest news about Tesla. In light of the steadily recovering crypto market, Tesla sold a huge chunk of its Bitcoin (BTC) holdings. This leaves the brand with over 10,000 Bitcoin (BTC) in hand.  This move came as a surprise to many as it is looking like the crypto market is on the road to recovery after a cold crypto winter. Yet, Tesla

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Bitcoin Network has transferred $17.78T in 2022 already
Bitcoin Network has transferred $17.78T in 2022 already

Bitcoin Network has transferred $17.78T in 2022 already.  It is likely that this trend will continue in the future. The coin has seen a slight downtrend over the past few days It is clear that the Bitcoin network has seen a huge amount of growth in recent years, with more and more people using the crypto pair. This trend looks set to continue in the future, as Bitcoin becomes more and more popular. With this increased popularity comes an increased demand for Bitcoin, which could lead to even more growth for the Bitcoin network. It will be interesting to see

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Bitcoin-(BTC)-Candles-Moves-From-Red-to-Green-After-9-Weeks
Bitcoin Could Power the World With Green Energy Initiative

Bitcoin gives hope to a long-forgotten renewable energy project.  The project is the Ocean Thermal Energy Conversion initiative (OTEC). OTEC will harness thermal energy from the oceans to ecologically fuel Bitcoin mining. An almost forgotten 150-year old renewable technology has just come back to life. In detail, the Ocean Thermal Energy Conversion (OTEC) initiative could just be revived to fulfill Bitcoin’s unique appetite for energy consumption.  To elaborate, Bitcoin poses the potential to help bring between 2-8 terawatts of clean, renewable, and continuously fueled energy. In fact, the year-round baseload power will be harnessed from the thermal power lying latent

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crypto market reaches $3 trillion market cap
Bitcoin and Altcoins Go Green, Is the Market Finally in Recovery?

Bitcoin (BTC) has finally gone green and is showing bullish signs. Many altcoins have followed Bitcoin’s rally and have also all gone green.  Many are hoping that this is the start of the end to the long-drawn crypto winter. According to many crypto charts of altcoins and the cryptocurrency pioneer — Bitcoin (BTC), it seems the crypto market is on its way to a steady inevitable recovery. Many investors are hoping this to be the start of the end of crypto winter.  At the moment, not only has Bitcoin (BTC) gone green on all the crypto charts, but so have

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